YEARLY HIGH
0.0401 SEK
YEARLY LOW
0.0361 SEK
YEARLY AVERAGE
0.0380 SEK

2024 PKR to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.0401. Conversely, the yearly low was recorded on January 1, dropping to 0.0361.

This high-to-low spread represents a total annual volatility of 0.0040 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0370 to the December average rate of 0.0395, the exchange rate registered a net change of 6.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0401 was down 14.82% compared to the 2023 peak of 0.0471, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 20,041 SEK
2023 Average 19,049 SEK
Yearly Trough Low 18,056 SEK
Transaction Impact: A difference of 1,984.93 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0398
0.0365
JanuMarcMayJulySeptNove

PKR to SEK Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0378, compared to 0.0381 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0378
H2 Avg (Jul–Dec) 0.0381

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0021 SEK (High: 0.0385 / Low: 0.0365). On the other end, June was the most stable month, with a tight range of 0.0010 SEK (High: 0.0383 / Low: 0.0373).

August Spread (Volatile) ±0.0021
June Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0395) against the same month in 2023 (average: 0.0363), the exchange rate shifted by +0.0032 (+8.86%).

2024 Avg (December) 0.0395
2023 Avg (December) 0.0363

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0378 0.0361 0.0370
February 0.0382 0.0368 0.0374
March 0.0385 0.0366 0.0374
April 0.0396 0.0380 0.0389
May 0.0392 0.0378 0.0386
June 0.0383 0.0373 0.0377
July 0.0389 0.0372 0.0382
August 0.0385 0.0365 0.0373
September 0.0373 0.0363 0.0367
October 0.0384 0.0370 0.0377
November 0.0398 0.0382 0.0392
December 0.0401 0.0390 0.0395